Consumer

Erin VanLanduit is taking on the managing director role at Tyson Ventures following the departures of Reese Schroeder and Tom Mastrobuoni.

Naver and CyberAgent are set to exit food delivery app developer Woowa Brothers, which has agreed to be acquired by Delivery Hero.

In this piece, we take a quick peak at the still limited but growing corporate-backed deal flow in Africa-based companies.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Gakken Cocofump, Medical Care Service and Saint-Care supplied $20m round for the robotics technology developer in addition to helping it move into the senior support business.

The cashierless retail technology provider has completed a round led by Kraft Heinz-backed Evolv Ventures that included Arca Continental, SAP.io and NTT Docomo Ventures.

The Continental Grain-backed vegan dairy product developer has captured $140m at a $440m valuation, with Temasek leading the round.

Fashion hire service Style Theory collected the cash from existing investor SoftBank Ventures Asia, Paradise Group and Alpha JWC Ventures.

AutoNation-backed Vroom has now raised $721m in funding altogether after closing a $254m series H round led by Durable Capital Partners.

The number of acquisitions of companies that have received corporate backing had been decreasing over the past few years but by the end of October this year it registered a rebound.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds